Archive for January 17th, 2019

Consumers remain hesitant to make noncash payments

17-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

High transaction fees, concerns over security and the habit of using cash have hindered local consumers from making noncash payments, Nguoi Lao Dong newspaper reported, [...]
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Differences in four largest banks’ results in 2018

17-Jan-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

The business results of the four largest banks in the system are basically clear with different colours. Restructuring efforts At conference held in the afternoon of January [...]
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Will credit tightening affect banks’ profit in 2019?

17-Jan-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

In 2019, the monetary policy is managed proactively, flexibly, harmoniously coordinating with fiscal policies and other macroeconomic policies to curb inflation at below four [...]
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Credit growth should be relaxed

17-Jan-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

Many experts recommend that credit growth target should only be guided and flexibly adjusted in accordance with domestic and world economic movements. According to the State [...]
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Exchange rate pressure to decline significantly in short term

17-Jan-2019 Intellasia | Tri Thuc Tre | 6:00 AM

Saigon Securities Incorporation (SSI) Retail Research has released the weekly currency market report as of January 11th 2019. Accordingly, the US dollar in the past week was [...]
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BIDV reports 11pct increase in 2018 pre-tax profit

17-Jan-2019 Intellasia | VNS | 6:00 AM

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has announced its pre-tax profit in 2018 rose 11 per cent year-on-year to VND9.62 trillion [...]
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Big banks stuck with capital raising issue

17-Jan-2019 Intellasia | InfoMoney | 6:00 AM

The due time for application of Basel II standards of bank is very close (in 2020), while the capital increase is still a very difficult issue for large joint stock banks [...]
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Old mindset used to dictate new business models: VCCI chair

17-Jan-2019 Intellasia | Hanoi Times | 6:00 AM

Experts expressed concern that reforms are currently initiated by the central government, while no ministry and agency has proposed removing business conditions under their [...]
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Labour issues may hinder EVFTA signing

17-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

The EU-Vietnam Free Trade Agreement (EVFTA) may not be signed as soon as expected because Vietnam has yet to address key labour issues, the International Labour Organisation [...]
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Philippines opens investigation into imported ceramic tiles

17-Jan-2019 Intellasia | VNS | 6:00 AM

The Philippines Department of Trade and Industry (DTI) has initiated a preliminary investigation on the application of safeguard measures on the import of ceramic floor and [...]
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State-owned enterprise equitisation process lags behind schedule

17-Jan-2019 Intellasia | VOV | 6:00 AM

The deferred equitisation of State-owned enterprises was partly the result of legal obstacles to define the value of firms. Le Manh Hung, vice head of the Enterprise [...]
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Hanoi targets 7.4-7.6pct economic growth for 2019

17-Jan-2019 Intellasia | VNS | 6:00 AM

The Hanoi People’s Committee has set 22 targets for socio-economic development in 2019, focusing on State budget restructuring, improvement of its investment and [...]
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Vietnam learns from Germany’s experience in budget, tax management

17-Jan-2019 Intellasia | VNS | 6:00 AM

A delegation of the Vietnamese National Assembly’s Finance-Budget Committee led by Chair Nguyen Duc Hai has paid a visit to Germany to learn from the country’s [...]
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Deputy PM urges systematic FDI attraction

17-Jan-2019 Intellasia | VNA | 6:00 AM

The assessment of Foreign Direct Investment (FDI) attraction must be realistic and systematic to tackle shortcomings, said deputy prime minister Vuong Dinh Hue. He made the [...]
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Exports to CPTPP economies approaching $37 billion

17-Jan-2019 Intellasia | VOV | 6:00 AM

Vietnam raked in $36.809 billion from exports to Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member nations in 2018. Statistics recently [...]
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